We are pleased to present an eight unit multifamily asset located at 2930 E 5th Street in Long Beach, California. Built in 1963, the subject property consists of 6,702 rentable square feet spread throughout a 0.15 acre lot. The building consists of seven 2-Bedroom / 1- Bathroom units and one 3- Bedroom/ 2-Bathroom unit. Owners enjoy the high demand for rentals in a coastal city of Southern California. Located just off the retro row corridor of 4th street, 2930 E 5th is considered a "walker's paradise" with a "walk score" of 91, ideal for tenants who can easily get to restaurants, shopping, entertainment, and schools by foot. Tenants are also easily able to commute to la
Ground floor unit in a vintage building with history! Originally built as a hotel back in 1924, this unit was the innkeepers home - with built in desk for bookkeeping and unique window for passing keys to guests. Now it is a gated OYO with a shared laundry room and dedicated on site parking for two cars! Great walkability to shops and restaurants. A perfect starter home or investment.
PREMIER LOCATION!! Alamitos Beach GEM!! This gorgeous turnkey home is completely remodeled offering 1 bedroom, 1 bathroom and a RARE 1 car garage. Located in a gated community with newer washer/dryer inside unit and HVAC split system. Upgrades galore, the modern kitchen has custom built in sleek cabinets with a combination of bronze style and stainless steel appliances throughout, including a newer dishwasher, regular size refrigerator AND mini fridge. Located only 2 blocks to the beach from your front door and a close distance to the Arts District, DTLB, shopping, Famous Pine Street Restaurants, Aquarium of The Pacific, Shoreline Village, restaurants, entertainment and so much more. This o
Charming, turnkey, and in a prime location – this is the generational asset you have been looking for! This clean and well-maintained 8-unit property consists of six 1bed/1bath units (over 900 sqft each) and two studio units with four garages. All the units are large, allow for a ton of natural light inside, have great layouts with cool original features (like French Doors, custom built-ins, fire places, etc. ). Plus, the vintage character of this classic Spanish style property has been meticulously preserved, while modern amenities have been added over time like laundry units, AC/Heating units, modern kitchens, lighting, ceiling fans, etc. in each unit. The entire property is secured
536 Saint Louis Avenue is an 8-unit multifamily investment opportunity located in Long Beach, CA. 536 Saint Louis Avenue offers a desirable mix of two and three-bedroom layouts with amenities including gated and secured access, garage and surface parking, and an on-site laundry facility. This property rests on the border of Alamitos Beach, one of Long Beach’s earliest coastal neighborhood developments. At the end of the block is 4th Street’s Retro Row where residents enjoy the vibrancy of independent and vintage shops, entertainment, the Art Theatre and restaurants. Additionally, 536 Saint Louis Avenue’s central location, within two miles of Downtown Long Beach, Alamitos B
791 Coronado Avenue is a 7-unit multifamily investment property located in the Rose Park neighborhood of Long Beach, CA. This property offers an attractive mix consisting of spacious 2, one-bedroom units and 5, two-bedroom units. Three corner units feature extra large floorplans that include fireplaces. Almost all units include a breakfast bar, walk-in closets, and one unit has an expansive balcony. Ownership has strategically landscaped 791 Coronado Avenue to offer it’s residents a chic, tropical oasis like feel. All of the units feature granite or quartz countertops, and select units offer upgraded flooring and stainless steel appliances. In addition, the property offers upgraded pl
Welcome to this updated Own Your Own home located in hip Long Beach with one parking and laundry hookups in unit! This updated home provides easy access to freeways, LA and Orange County. This gated community is conveniently located to a grocery store, restaurants, shops and bars on Retro Row and Alamitos Beach to enjoy cycling and walking paths which are short blocks away from your front door. Home features a large, spacious living room brightly lit by natural sunlight and recessed lighting. The updated kitchen is enhanced with quartz countertops, white shaker cabinets, and brand-new stainless-steel appliances which includes a gas stove, microwave and dishwasher. The bedroom is well lit wi
This well maintained 8-unit complex with obvious pride of ownership is an excellent investment opportunity. Located in the Alamitos Beach Area, minutes away from the ocean on a nice wide street, it features a 2-story, possible Owner/Manager 3 Bedroom, 3 Bath unit with a private balcony. As well as (7) 2 Bedroom, 1 Bath units. All units are a good size, check out the square footage. There is room to increase the current rental rates. All units feature individual electric meters. A portion of the units have A/C. And most of the units have double pane windows. All units feature garbage disposals. Flooring throughout the complex is as follows: Ceramic tile floors in living, hallway, kitchen and
1049 E. 5th Street is a 16-unit, apartment building located in North Alamitos Beach. The property is priced at 5.44% cap rate and 11.87 GRM at current rents. The property is comprised of nine (9) 1 BD / 1 BA units and seven (7) studio units. The majority of units have hardwood floors, and the first-floor units offer private patios. Onsite laundry, garages and storage spaces provide additional income, and the four (4) garages also have the ability to be converted to ADUs.
811 Gardenia is a well-positioned 7-unit asset located in Long Beach, California. The property is priced at a 5.58% cap and 12.0 GRM on current rents. Built in 1963, The asset has a strong unit mix comprised of (1) 6BD/2BA, (1) 4BD/1BA, (3) 3BD/1BA and (2) 2BD/1BA units. Most of the units have been partially upgraded with new floors, countertops, fixtures and paint. The property has four (4) garages and a laundry room providing additional income. New ownership also has the opportunity to convert garages to ADUs for increased income.
3316 E 3rd Str. is 7-unit fully-renovated apartment building located in the sought-after Belmont Heights area of Long Beach minutes from the beach. This buildings consists four (4) one-bedroom one-bath units, two (2) studios and one (1) one-bedroom one-bath garage-conversion ADU. In 2023, the building underwent tremendous capital improvements and now features a new roof, new plumbing, new electrical subpanels and 400A main panel, new tankless water heaters, new windows, waterproof vinyl flooring, shaker cabinets with quartz countertops, stainless-steel appliances and in-unit laundry in every unit as well as newly painted interior and exterior. There are also four (4) single-car garages and
1830 - 1838 E. 7th Street is an 11-unit apartment asset in Long Beach, California. The property is offered at 11.18 GRM and 5.84% cap rate on current rents. The property is comprised of three buildings situated on an 11,668-square-foot lot. There are seven 1BD / 1BA units; two 2BD / 2BA units; one 3BD / 2BA unit; and one 4BD / 3BA house that could be an excellent owner's unit. Most of the 1BD / 1BA units feature attractive patio entrances. All of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in
We are pleased to present the sale offering of 2611 E. Broadway. This 3-story multi family building is located in Coastal Long Beach on a prominent corner in the greater Belmont Heights area (technically Bluff Heights). This building consists of 36 units with a balanced mix of mainly 2 bedroom/2 bathroom apartments. The building is secure and offers three entrances, two staircases, and an elevator. Parking is available on two sides of the building with 17 individual parking garages. The building is built around a large central landscaped courtyard with a pool. The laundry room is located on the ground level and provides additional income and has been recently remodeled. The building is well